National Real Estate Investor
10 Must Reads for the CRE Industry Today (April 16, 2014)
Deutsche Bank is reportedlythe Cosmopolitan Las Vegas Resort with a selling price north of $2 billion. A Seeking Alpha piece argues that student housing REITs should outperform in 2014. Forbes looks at the burgeoning same-day delivery grocery war that’s emerging between Amazon, Google and Walmart. After failing to crack the America’s grocery market, Tesco is giving the U.S. another crack, this time with an apparel play. These are all among today’s 10 must reads for the commercial real estate sector.
Detroit Industrial Market Shows Strong Improvement
Detroit, with about 365 million sq. ft. ofspace, tied with Atlanta in recording an 80 basis points drop in availability in the first quarter, according to a report by commercial real estate services firm CBRE.
Private Equity Funds Capture More Capital
Not only is money pouring back into private equity funds, but fund managers are anticipating even more demand in the coming months as institutions continue to raise target allocations for 2014.